Coveted Prime Flagship Retail Space at One of NYC’s Busiest Corners Becomes Available

New York, NY, October 24, 2012 --(PR.com)-- The Feil Organization has announced a once-in-a-lifetime opportunity for a prime flagship location at 853 Broadway in the heart of New York City’s bustling Union Square. Situated at the corner of 14th Street, this 37,028 square foot, multi-floor space offers a rare retailing and branding opportunity in one of the city’s busiest locations. The slated retail space features a 5,898 square foot ground floor, 6,667 sq. ft. selling basement, and 6,121 sq. ft. mezzanine with a highly visible surface branding area facing Union Square. The ground, mezzanine and basement retail space could be combined with the second, third and fourth floor office space for a total of 37,028 square feet.

853 Broadway is a highly visible, mixed-use office building that benefits from pedestrian traffic that reaches 150,000 people daily, and the Union Square GreenMarket that brings 250,000 weekly visitors weekly. The Union Square subway station, the fourth most-traveled station in the city with 34,245,000 subway riders per year, is located directly at the building.

Union Square is a vibrant destination location featuring hundreds of diverse retailers, entertainment venues, and both chain and exclusive restaurants. The country’s highest grossing Whole Foods store is immediately adjacent, and New York City’s famous Max Brenner Chocolate by the Bald Man store is next door at 841 Broadway. The building also shares the neighborhood with such popular retailers as, DSW, Staples, J. Crew, The Children’s Place, Forever 21, Regal Cinema, and the new 92,000 sq. ft. flagship location for Burlington Coat Factory. The W Hotel, The New School and dormitories of New York University are also located in Union Square.

Owned and managed by The Feil Organization, 853 Broadway is a 21-story commercial building built in 1926. “The available space at 853 Broadway is truly a once-in-a-lifetime retail opportunity,” said Brain Feil, Vice President of Commercial Leasing at The Feil Organization. “The location, the building, and the space itself are all of the highest caliber and The Feil Organization is excited to see the next phase of retail at the building.”

The Feil Organization is a private, established commercial real estate firm headquartered at 7 Penn Plaza in Manhattan. A powerful force in real estate for over 50 years, the company owns and operates a nationwide portfolio of over 26 million square feet of retail and commercial space, and over 5,000 residential rental units. Feil also owns such Manhattan landmarks as 570 Lexington Avenue, 551 Fifth Avenue (The Fred F. French Building), and 488 Madison Avenue. The organization maintains regional offices in Chicago, IL; New Orleans, LA; St. Petersburg, FL; and in Levittown, NY.

Inquiries should be directed to Brian Feil, Vice President of Commercial Leasing at The Feil Organization at 212-279-7600 ext. 213; bfeil@thefeilorg.com